Page 6 of Steel

steel industry, steelmakers, steel india, india steel, industry

Steelmakers put de-carbonisation plans on fast track

The industry, which contributes over 2% to the GDP, emits 2.55 total carbon dioxide content (TCO2) per tonne of crude…

February 8, 2024 05:00 IST

steel, steel exports, steel makers, export, industry

Steel makers fear exports to be hit if the crisis lingers

India’s steel exports are expected to decrease to 5-7 million tonnes in this fiscal year, influenced by subdued global demand…

February 5, 2024 04:30 IST

JSW Steel, JSW Steel Q3 results, quarter results, profit, revenue, EBITDA, steel production, India operations

JSW Steel Q3 profit surges to Rs 2415 crore on strong demand; Q3 crude steel production at 6.87 million tonnes

JSW Steel posted revenue from operations at Rs 41,940 crore, up 7.2 per cent in comparison to Rs 39,134 crore…

January 25, 2024 16:00 IST

JSW Steel, steel production, Indian operations, volumes, demand, USA-Ohio operations, joint venture

JSW Steel consolidated crude steel production for Q3FY24 at 6.87 million tonnes, up by 12% YoY

JSW Steel said that the capacity utilisation at Indian operations level stood at 94 per cent for Q3FY24. JSW Steel…

January 9, 2024 11:29 IST

US, steel exports, India, steel, aluminium, China, Russia, Norway, top news, latest news, business news,

No extra tariffs on steel exports to US

India and the US have agreed on the terms for joint monitoring of the former’s steel and aluminium exports to…

January 3, 2024 06:30 IST

energy costs, base metal industry, margins, key headwinds, global demand, profitability, International prices, coal cost, economic slowdown, price movement, ICRA

India’s steel imports to remain elevated at ~5.5% of demand this fiscal, says CRISIL MI&A report

Global steel demand, which has been subdued since the onset of the Russia-Ukraine conflict, is expected to grow 1.6 per…

December 20, 2023 13:06 IST

steel demand, steel demand in india, steel production, crude steel production,

India’s steel demand to touch 190 MT-mark in 2030; production to reach 210 MT

“In the best case scenario, it can also reach 230 MT by 2030,” the report titled ‘India’s Steel and Coking…

November 26, 2023 10:12 IST

NMDC Steel strategic sale deferred, financial bids unlikely before Lok Sabha polls

NMDC has already invested around Rs 22,000 crore in the new plant, with almost nil implementation risk.

October 25, 2023 01:00 IST

India aims to safeguard steel trade interests from EU carbon levy – official

The proposal has caused widespread unease among top exporters of commodities such as steel to the EU.

Updated: October 4, 2023 16:12 IST

steel prices, raw material, demand, price hike, domestic market, supply issues, production cuts, export parity prices

Steel prices firming up on strong domestic demand, spike in raw material prices, says Kotak

The price strength, Kotak report said, is led by strong domestic demand and the recent spike in raw material prices.

September 26, 2023 13:04 IST

Discoms’ stance impedes decarbonisation of steel sector

State discoms do not want to lose their big clients by allowing them open access, and there is a limit…

September 22, 2023 04:00 IST

Jindal Stainless’ steel park to attract Rs 10,000 crore in investments from MSMEs

In December last year, Odisha Chief Minister Naveen Patnaik had laid the foundation stone of the park, the country’s first…

September 15, 2023 04:00 IST

Govt takes stock of steel industry’s readiness to meet EU carbon rules

Wednesday’s session was a follow-up of a similar meeting held in May where the industry was asked to be ready…

September 7, 2023 01:40 IST

Mecon forays into O&M of steel plants, sees 20% hike in FY24 revenue

The Ranchi-based consultancy, under the ministry of steel, with 70 project and site offices across the country posted a revenue…

August 29, 2023 02:00 IST

Jindal Stainless ready for EU’s carbon tax, working on Scope 3 emissions

The stainless steel maker, which recently completed one million tonne expansion in Odisha to be a 2.9 mtpa player and…

August 9, 2023 04:00 IST

JSW Steel, Q1FY24 results, quarter results, revenue, profit, EBITDA, steel production, capacity expansion

JSW Steel Q1FY24 profit surges 189.4% at Rs 2,428 crore, revenue up 10.8%

JSW Steel posted revenue from operations at Rs 42,213 crore, up 10.8 per cent as against Rs 38,086 crore during…

July 21, 2023 12:14 IST

JSW Steel, steel production, crude steel, Q1FY24, quarter results, India operations, JSW Group

JSW Steel posts 11% on-year growth in steel production during Q1FY24

JSW Steel posted combined production of 6.61 MT with India operations recording production at 6.19 MT and its USA-Ohio operations…

July 6, 2023 13:00 IST

Tata Steel on track to achieve 40 MTPA of production capacity in India

The steel behemoth’s present capacity in India stands at about 21.6 MTPA and the company expects benefits of Rs 2,000…

July 6, 2023 02:30 IST

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